Peraso: Q4 Earnings Snapshot

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Peraso, Inc. (PRSO) on Monday reported a loss of $8.9 million in its fourth quarter.

The San Jose, California-based company said it had a loss of $12.48 per share. Losses, adjusted for stock option expense and amortization costs, came to $8.52 per share.

The semiconductor technology company posted revenue of $1.8 million in the period.

For the year, the company reported a loss of $16.8 million, or $26 per share. Revenue was reported as $13.7 million.

For the current quarter ending in March, Peraso said it expects revenue in the range of $2.6 million to $2.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRSO at https://www.zacks.com/ap/PRSO